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05.09.20223624According to the Sharjah Real Estate Registration Department (CARD), a total of 2,417 transactions were made last month, distributed across 71 different locations in the Emirate of Sharjah. Below is a breakdown of transactions: 588 purchase and sale transactions, 338 mortgage transactions and 1491 other miscellaneous transactions...
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05.09.20223802Dubai Marina, Downtown Dubai and Business Bay are the most popular areas to live in Dubai in 2022 due to their dynamism and unique lifestyle offerings. According to the latest Property Finder data, Palm Jumeirah, Jumeirah Village Circle and Jumeirah Lake Towers are the other most sought-after areas in the emirate. "Dubai Marina...
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05.09.20223427The largest penthouse of Atlantis The Royal Residences in Palm Jumeirah was sold for 163 million dirhams. The five-bedroom penthouse with an area of 25,208 square meters includes a heavenly garden, two private pools and terraces, a private elevator and floor-to-ceiling windows with 360-degree endless views of the Arabian Sea and Palm...
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05.09.20222581According to the Dubai Land Department, 2,593 transactions worth 7.4 billion dirhams were made in the Dubai real estate market in the week ending September 2, 2022. According to these data, 1,720 apartments and villas were sold for 3.55 billion dirhams, while 320 plots were sold for 1.75 billion dirhams. The three best deals...
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05.09.20224032Expo City Dubai is preparing to open on October 1, 2022, based on the promise of Expo2020Dubai to inspire future generations. Visitors are invited to visit the two most popular pavilions of Expo City Dubai, starting from September 1, 2022, ahead of the official opening of the facility in October. Tickets, which cost 50 dirhams UAE...
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05.09.20223166It is reported that the construction of a new Verdana property has begun. The project includes 305 townhouses, and the unique advantage offered for the first time in the UAE is that each house has a private elevator. The project has been in high demand since it was put up for sale about three months ago, which has led to a...
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05.09.20222559According to the Dubai Land Department, this week Dubai reported 2,739 transactions totaling 8.4 billion dirhams (2.3 billion US dollars) (DLD). In the week ending August 26, 274 plots of land worth 1.36 billion dirhams and 1,902 houses worth 4.35 billion dirhams were sold in the emirate. The most expensive transaction was the...
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05.09.20222280According to a new report by the consulting company ValuStrat, rents for residential real estate in Abu Dhabi fell in the second quarter to the lowest level since 2016. The ValuStrat price Index (WPI) for rental prices in Abu Dhabi decreased by 3.4% compared to the previous quarter to 72.3 points, which is 27.7% lower than in 2016. The...
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05.09.20222900Dubai developers are restoring long-term payment terms after the transfer of the facility; recent unscheduled launches even included provisions for a «7.5-year deadline». The goal is to dispel buyers' concerns about rising mortgage rates, especially since at least a couple more increases will occur at the end of this year. Another popular...
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05.09.20222846The 10-year residency program «Golden Visa» has aroused great interest among foreign investors in buying real estate in Dubai, which has become one of the most popular investment destinations in the world. Zoom Property Insights reported that Dubai is expected to attract a significant share of the global citizenship by investment market,...
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